DePIN company Grass completed the A round of financing, Hack VC led the investment, and Polychain Capital participated in the investment
On September 23rd, according to official news, Grass, a DePIN company specializing in verifying Internet data, announced the completion of the A round of financing, led by HackVC, with Polychain Capital, Delphi Digital, Lattice, and Brevan Howard Digital participating. The specific financing amount was not disclosed.
Grass closed a $3.50 million seed round led by Polychain Capital and Tribe Capital in December. Grass aims to redefine the incentive structure of the internet by allowing users to share unused internet bandwidth resources. Currently, the network has more than 2 million users running nodes that capture a lot of data for AI models.